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Are you thinking of adding a pooch to your family but don’t want to break the bank? The journey to finding the perfect dog doesn’t have to come with a premium price tag. While some prestigious breeds can command astronomical prices, there are many wonderful, affordable dog breeds that offer just as much love, loyalty and companionship.

When considering the cost of dog ownership, it’s essential to look beyond the initial purchase price. The true value of a breed lies in its overall cost of care, including regular veterinary check-ups, daily nutrition, grooming requirements and potential health concerns. Fortunately, several breeds stand out for their cost-effectiveness, combining reasonable purchase prices with minimal maintenance costs.

These budget-friendly breeds often boast naturally healthy genetics, simple grooming needs and adaptable personalities that make them suitable for various living situations. Whether you’re a first-time dog owner or an experienced pet parent, these affordable breeds prove that you don’t need to spend a fortune to find your perfect canine companion.

Note: For the intent of this article, we’re looking at the cost of purchasing a dog, not adopting. Adopting fees vary depending on the organization, and can sometimes be more expensive than buying from a breeder. But please keep in mind that these funds go to spaying/neutering the dogs, health care and operating costs — they don’t make a profit.

Chihuahua (Average purchase price: $600-$800)

Chihuahuas stand out as one of the most economical dog breeds to own, primarily due to their diminutive stature. These pocket-sized companions consume much less food compared to larger breeds, which translates to substantial savings on feeding costs throughout their lives. Their maintenance is particularly cost-effective, as their characteristic short coat requires minimal professional grooming attention.

While Chihuahuas often enjoy extended lifespans, potentially resulting in more years of veterinary care, they typically have fewer inherited health conditions than many other breeds. This relative hardiness often leads to lower insurance premiums. Their compact size makes them perfectly suited for apartment living, eliminating the need for extensive living space or outdoor areas.

Despite their small size, Chihuahuas offer tremendous value in terms of companionship. They’re known for their devoted nature and vibrant personalities, making them ideal pets for individuals seeking an affordable companion that delivers maximum charm and affection without straining their budget.

Beagle (Average purchase price: $600-$800)

The Beagle stands out as one of the most budget-friendly dog breeds, combining an affectionate personality with practical advantages. These medium-sized dogs are naturally resilient, experiencing fewer inherited health issues than many other breeds, which helps keep veterinary expenses manageable. Their short, low-maintenance coat eliminates the need for costly professional grooming services.

Beagles demonstrate remarkable versatility, thriving in various living environments from apartments to houses with yards. While they require consistent exercise to channel their energy effectively, their exercise needs can be met through simple activities like daily walks and playtime. Their dietary requirements are uncomplicated, with no need for expensive specialty foods.

With a life expectancy of 10 to 15 years, Beagles offer excellent value as long-term companions. Their combination of hardy health, simple care requirements and adaptable nature makes them an ideal choice for cost-conscious individuals and families seeking a devoted pet without the financial demands associated with more high-maintenance dog breeds.

Dachshund (Average purchase price: $500-$700)

Looking for an affordable furry friend? Consider the delightful Dachshund. These charming dogs, with their unique sausage-like shape, offer excellent value for pet owners. Their maintenance costs are surprisingly low, particularly for smooth-coated varieties that only need simple at-home grooming with regular brushing.

While Dachshunds may face some breed-specific health challenges, particularly regarding their backs, they generally maintain good health when properly cared for. Their compact size is another money-saving advantage, as their small stature means smaller portions of food. These adaptable pups thrive equally well in cozy apartments or houses with yards, making them versatile pets for various living situations.

Best of all, Dachshunds pack a lot of personality into their small frames. They’re known for their devoted nature and affectionate temperament, providing all the benefits of dog companionship without breaking the bank. For prospective pet owners mindful of long-term costs, a Dachshund could be the perfect match.

Jack Russell Terrier (Average purchase price: $800-$1,000)

Known for their boundless energy and robust constitution, Jack Russell Terriers stand out as one of the most cost-effective dog breeds to own. Their maintenance requirements are refreshingly simple, thanks to their short coat that needs minimal grooming — just a quick brush now and then keeps them looking their best.

These compact canines come with impressive health credentials, typically avoiding many breed-specific health issues that can burden owners with hefty veterinary bills. Their natural vitality means they stay active and healthy with regular exercise, eliminating the need for specialized health regimens or expensive dietary requirements.

The Jack Russell’s adaptable nature allows them to thrive in various living situations, from city apartments to country homes, while their sharp minds and devoted personalities make them exceptional companions. Their modest size is another financial advantage, as their food consumption is considerably less than larger breeds. For prospective dog owners seeking a spirited, affectionate pet that won’t strain their budget, the Jack Russell Terrier proves to be an excellent choice.

Greyhound (Average purchase price: $800-$1,000)

When it comes to finding the perfect companion, Greyhounds offer a unique combination of elegance and practicality. These former racing stars transition beautifully into home life, bringing their gentle nature and surprisingly budget-friendly care requirements with them. Despite their impressive stature, Greyhounds are remarkably economical to feed, thanks to their efficient metabolism that requires less food than other dogs of comparable size.

Their grooming needs are refreshingly simple — their sleek, short coat needs minimal maintenance, which translates to fewer trips to the groomer and lower maintenance expenses. Health-wise, Greyhounds are typically robust dogs with few breed-specific health concerns, potentially leading to lower veterinary costs over their lifetime.

Perhaps most surprisingly, these former track athletes don’t require extensive exercise. They’re perfectly content with moderate activity levels and adapt well to apartment living, despite their racing heritage. Their naturally calm and gentle disposition, combined with their cost-effective care requirements, makes Greyhounds an excellent choice for prospective dog owners seeking a low-maintenance, affordable and loving pet.

Rat Terrier (Average purchase price: $800-$1,100)

Looking for an affordable and low-maintenance dog breed? Consider the Rat Terrier. These smart and adaptable dogs combine practicality with personality, making them an economical choice for pet owners.

Rat Terriers excel in cost-effectiveness through several key features. Their short coat requires minimal professional grooming – just basic at-home brushing keeps them looking their best. These hardy dogs typically enjoy good health throughout their impressive 12-18 year lifespan, potentially reducing veterinary expenses.

Their intelligence makes training relatively straightforward, often eliminating the need for extensive professional training sessions. When it comes to nutrition, Rat Terriers thrive on standard dog food without requiring specialized or expensive diets.

Whether you live in a city apartment or on a sprawling farm, Rat Terriers adapt well to their environment. This versatility, combined with their modest maintenance needs, makes them an excellent choice for budget-conscious pet owners seeking a loving and capable companion.

Basset Hound (Average purchase price: $800-$1,200)

Basset Hounds stand out in the canine world with their distinctive physical features: elongated ears that sweep the ground, soulful drooping eyes, and a compact body supported by short, sturdy legs. These beloved dogs are considered one of the more budget-friendly breeds for potential pet owners, thanks to their modest maintenance requirements and generally reasonable healthcare expenses.

When it comes to grooming, Basset Hounds are relatively low-maintenance. Their short, smooth coat needs only basic care, making them an economical choice compared to breeds requiring professional grooming services. While they can be susceptible to certain health conditions, particularly ear infections due to their signature long ears, they typically enjoy good overall health with proper care.

The Basset Hound’s easygoing temperament is another factor contributing to their affordability. These dogs prefer a relaxed lifestyle and don’t demand extensive exercise routines, which can help owners save on costs associated with dog walkers or extensive outdoor activities. Their gentle disposition and patient nature make them excellent companions for families, and they adapt well to various living situations, from apartments to houses with yards. This adaptability, combined with their low-maintenance needs, makes Basset Hounds an attractive option for cost-conscious dog lovers.

Pug (Average purchase price: $500-$700)

If you prefer spending quality time with your canine companion on the couch rather than scaling mountain peaks, a Pug might be your perfect match. These adorable dogs are well-known for being among the most laid-back breed available. Due to their flat-faced (brachycephalic) nature, Pugs actually shouldn’t engage in strenuous exercise as it could compromise their breathing.

This means you won’t need to invest in expensive exercise equipment or athletic gear. You’ll also save money on grooming expenses. While their double coat requires regular brushing at home, Pugs don’t need professional grooming services or haircuts to maintain their appearance.

American Foxhound (Average purchase price: $500-700)

The American Foxhound, often mistaken for its smaller cousin the beagle, stands out as a distinctive breed that’s nearly double the size. These lovable dogs are known for their gentle nature and exceptional compatibility with both children and fellow canines. Their musical tendencies – expressed through frequent howling and baying — might delight young family members who enjoy joining in the chorus, though it may not be music to the neighbours’ ears. Due to their vocal nature, these hounds are best suited to rural living spaces.

These energetic dogs require substantial daily exercise — about one to two hours — to maintain their physical and mental well-being. Without adequate activity, they may develop behavioral issues stemming from boredom or depression. On the bright side, American Foxhounds are generally healthy dogs with low-maintenance coats, making them one of the most economical breeds to care for.

Dalmatian (Average purchase price: $700-$1,000)

The beloved Dalmatian breed is renowned not only for their iconic spotted coat but also for being a relatively easy dog to care for. These dogs stand out from other breeds because they require minimal professional grooming attention. Though they do shed, one of their most appealing characteristics is their naturally clean coat that doesn’t develop unpleasant odors, even during hot summer months.

When it comes to health, Dalmatians have their own set of potential concerns, though they generally avoid many of the health issues common to very small or very large dog breeds. For those considering adoption, choosing an older Dalmatian can provide more clarity about potential health challenges, as younger puppies may not display signs of inherited conditions until they mature.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Elbows up, Canada! Canadians from coast to coast are coming together in solidarity to fight back against the trade war U.S. President Donald Trump started and continues to escalate. From where we buy to what we buy, we as a nation are seeking ways to ensure the products we are buying are homegrown.

The ‘Buy Canada’ movement has been gaining momentum and Reddit users are using the opportunity to crowd source the ability to take this movement one step further, and encouraging and inspiring fellow citizens to support Indigenous-owned businesses.

Buy Canadian and buy Indigenous

This movement is picking up steam on Reddit, especially in communities like r/BuyCanadian, where people are coming together to support the cause. Members are sharing recommendations, resources and their favourite Indigenous-owned businesses, creating a powerful collective push to uplift these entrepreneurs.

The value of crowd sourcing on Reddit

Reddit user u/SirCharlesTupperBt emphasized the value of Buy Canadian initiatives such as this, stating, "a lot of this info is out there, but I think many Canadians are just starting to figure out where they can shop that doesn’t involve Amazon or other US based ecommerce. Anything that raises the profile of businesses that keep money in our communities is awesome!”

We’ve put together a curated list of Indigenous-owned businesses across Canada what were recommended by Canadians on Reddit, for Canadians, each offering unique products that reflect their rich heritage.

Buy Indigenous

Looking for some snacks and drinks? There are Indigenous sources for that. U/Sunwinec recommends 392 Pepper Company from Kahnawake. “Amazing hot sauces and the best spicy salsa and tortilla chips you’ll ever eat!”

U/quidamquidam rounds out the snack. “Also in Kahnawake: Kahnawake Brewing Co has solid beer.”

If you’re not feeling for a beer, U/YaldabothsMoon has a tea you should try. “Going to put a plug here for Boreal Delights / Délice Boréal teas. Indigenous owned and operated and they make some of the most delicious herbal teas (teabag mind you) I’ve ever had. Blows DavidsTea out of the water.”

Reddit user u/CurvyAthlete is doing their part, saying they are replacing their American make up with Cheekbone, an Indigenous-owned beauty brand that makes sustainable beauty products.

Even your furry friends can be a part of the “Buy Canadian” Buy Indigenous movement. U/Bitter-Air-8760 shares “Shades of Grey is an indigenous dog treat company here in Ontario. They make natural dog treats from rabbit, beaver, venison etc. I have been using these products for a couple of years and my dog loves them."

Reddit users throughout the post shared other brands they deem worth checking out if you’re looking to Buy Canadian and also support Indigenous businesses, including:

• Outlier Leather Co. – Outlier is a style brand founded and operated by David Spence, a Nisichawayasihk Cree (Treaty 5) entrepreneur. Born in Winnipeg, MB, raised in BC, and now based in Toronto, ON, David personally handcrafts each Outlier product.
• Resist Clothing Company – An Indigenous-owned streetwear brand based in Sagamok First Nation and Toronto. Their designs highlight Indigenous culture and activism.
• Birch Bark Coffee Company – First Nations-owned coffee brand offering organic and Fairtrade coffee while supporting Indigenous communities with access to clean water.
• Wabanaki Maple – Indigenous female-owned business specializing in maple syrup with a deep cultural and historical connection.
• Indigenous Box – A subscription box service connecting Indigenous entrepreneurs with consumers, founded by Mallory Yawnghwe.

And Reddit user u/OldLogger has been doing their own curating of Indigenous-owned business, with a focus on manufacturing. They have compiled a list that includes over 340 Indigenous manufacturers.

Coming together to support each other in tariff time and always

When Canadians choose to Buy Canadian, and specifically, to support Indigenous-owned businesses, they’re not just helping these businesses thrive — they’re also celebrating the diverse cultures that make up this country. In the wake of the U.S. tariffs, now is as good a time as any to consider replacing American companies you typically turn to, with Indigenous entrepreneurs’ alternatives.

As this movement continues to grow, it is a valuable reminder of the importance of being thoughtful in our buying decisions and how each of us can help build a more inclusive and fair society while supporting local businesses.

Through platforms like Reddit, communities can come together to share knowledge, resources and support, creating a ripple effect that benefits all.

The bottom line

The initiative led by Reddit users to support Indigenous-owned businesses is a testament to the positive change that can occur when communities unite for a common cause. By highlighting and patronizing these businesses, Canadians are turning to each other to support each other and our country.

We’ll leave the last word to Reddit user u/gohabs31, an American who is watching us come together as a nation.

"This [Buy Canadian] subreddit keeps getting recommended to me so I’m perpetually an observer, as I’m an American. I just want to say I love you guys and I’m truly jealous of how well you all seem to come together in the face of adversity."

Sources

1. Reddit: Buy Canadian subreddit

2. Reddit: Buy Canadian: Support the indigenous people and their businesses too! (March 12, 2025)

3. 392 Pepper Company: website

4. Kahnawakey Brewing Company: website

5. Northern Delights: website

6. Cheekbone: website

7. Shades of Grey: website

8. Outlier Leather Co.: website

9. Resist Clothing Company: website

10. Birch Bark Coffee Company: website

11. Wabanaki Maple: website

12. Indigenous Box: website

13. manufacturedin.ca: website

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

In a short but powerful street-style interview video, a YouTube creator with more than a million subscribers asked retirees, aged 70 and older, about their biggest regrets, life advice, and what they’ve learned as they aged.

Turns out their advice could be drilled down into six important tips that can help you find happiness, live life to the fullest and avoid financial pitfalls.

Tip #1. Spend with purpose — don’t wait too long

Waiting for retirement or the “perfect moment” to enjoy your money can backfire, according to the seniors YouTuber Sprouht interviewed.

For instance, one interviewee pointed out the uncertainty is at every state of life. He states: “The golden years are not that golden. People say, ‘you’re retired, you can do everything’ — but you never know what’s going to happen to you.”

Another response was to lean on the standard advice: “Don’t put off to tomorrow what you can do today.”

Money Insight

Enjoy your money while you’re healthy and able. Plan for the future — but not at the cost of your present.

Tip #2. Invest in experiences, not just stuff

Many of the responses focused on learning your priorities — what you value in life — and then encouraged people to spend time, energy and money on what matters.

One respondent said: “If I was 16 now, I’d have a bloody brilliant time knowing what I know now.” Another pointed out the ongoing dilemma about finding balance by stating: “More family time, less work time.”

Many retirees suggested a shift in our focus — concentrating on what adds value to life — travel, learning, personal growth — rather than just accumulating things. “Make sure you do what you enjoy doing. Don’t just get a job — have a passion.”

Money Insight

Allocate money toward meaningful experiences. The return-on-investment (ROI) is measured by memories, which often outweighs material purchases.

Tip #3. Be strategic, but not obsessive

Many elders wished they hadn’t stressed so much about money, careers, or comparing themselves to others.

As one stated: “I wish I’d laid less stress upon myself in those years between 35 and 45.”

Another echoed this sentiment, stating: “As you get older, you discard the nonsense and just focus on what’s important to you.”

Money Insight

Financial planning is important — but avoid over-striving or letting money anxiety dominate your life. Balance is key.

Tip #4. Align money with values

“Don’t be a follower — be an independent mind. Otherwise, you’ll become a robot.”

Turns out what we spend on should reflect our core values — not societal expectations or external pressures.

“Never do anything that might cause remorse — because remorse is something you carry forever.”

Money Insight

Spend and invest based on your personal values — not to impress others. Avoid “remorse spending.”

Tip #5. Prioritize people over profit

The most repeated regrets weren’t about missed investments — they were about time not spent with loved ones. “We all make mistakes. Sometimes you don’t realize what others are going through until you get older and experience it yourself.”

Another response highlighted how family and loved ones always topped the list of most important achievements. “My proudest accomplishment? Raising two children who are kind, successful, and don’t carry any hatred.”

Money Insight

Financial success is hollow if it costs your relationships. Budget time and money for the people who matter.

Tip 6. Cut the noise and focus

Distractions — especially digital ones — can lead to impulsive spending and shallow satisfaction.

As one respondent exclaimed, when asked about the impact of smartphones and technology: “It’s a monstrosity — everybody gets in an elevator and just looks at their phone.”

Money Insight

Mindless scrolling often leads to mindless spending. Stay present and intentional with your money choices.

Bottom line

Even though the video was just a six short minutes, YouTuber Sprouht was able to tease out a wealth of solid advice from his interviewees. Using their lived-experience, we can all aim to take more risks, value relationships over our bank balance, avoid holding grudges, drop the stress and live authentically.

Sources

1. Sprouht: 70 Year Olds Share Their BIGGEST Mistakes (Oct 20, 2024)

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Canadians are slipping deeper into financial trouble, and the numbers tell a sobering story. Turns out more Canadians are missing loan repayments at a much faster rate than taking on new debt — a clear sign that many are running out of financial runway as many struggle to pay bills.

According to a nationwide study by Money.ca, delinquency rates — the red flag of missed debt payments — have jumped 19.14% year-over-year, now sitting at 1.43%. That’s more than five times the rate of debt growth, which only crept up 3.79% to an average of $21,810 in non-mortgage debt.

What does this mean? It means more people are borrowing just to stay afloat — and even that isn’t enough anymore.

Google search reveals real-time anxiety

When people worry, they Google, and Canadians are searching their way through this financial crisis.

Searches for "budget planner" shot up 152.86% over the past year, showing many are trying to regain control before things spiral. But at the same time, interest in “payday loans” rose 27.6%, hinting that others are reaching for expensive lifelines just to cover everyday costs.

Read More: Find the best budget planner to help manage your money.

And it’s not just about planning ahead. People are bracing for the worst:

• Searches for “personal bankruptcy” rose 4%
• “Garnishment” (a legal process to seize wages) climbed 6%
• “Consumer proposal” searches were up 3%, as Canadians look to negotiate their way out of debt
• “Debt consolidation” saw an 8% bump, reflecting a desire for simpler repayment plans

This surge in search activity paints a stark picture of a nation in financial distress, with Canadians taking both proactive and desperate measures to manage their debt. The growing interest in bankruptcy, garnishment and debt restructuring options reveals a widespread struggle to keep up and underscores the urgent need for accessible financial solutions.

Debt stress hits harder in some provinces

Canada’s financial picture is anything but uniform. In some places, residents are managing, and in others, the strain is overwhelming.

• Quebec leads the country in delinquency rate growth: +24.16%, even though average debt only rose a modest 2.68%
• Ontario isn’t far behind, with delinquencies up 23.78%, driven largely by expensive urban living in cities like Toronto
• Newfoundland, surprisingly, shows the opposite trend: despite a 7.78% jump in debt — the highest in Canada — its delinquency rate actually fell 0.46%, suggesting local resilience
• Smaller provinces like PEI saw a 5.47% increase in debt and a manageable 5.94% rise in delinquencies — still concerning, but far from crisis territory

Big city, big pressure: Urban centres under siege

If you live in a major Canadian city, you’re likely feeling the pinch more than most.

• Montreal saw a staggering 27.06% spike in delinquencies — the highest of any city — despite having one of the lowest average debt levels at $16,894
• Toronto’s delinquency rate climbed 24.16%, closely tied to its unaffordable housing market and high living expenses
• In Vancouver, where average debt is a hefty $23,002, delinquencies rose 19%
• By contrast, places like St. John’s (+0.73%) and Halifax (+11.6%) are showing much more stability, a reminder that smaller cities may offer a softer landing in turbulent financial times

Different generations, different financial struggles

No age group is immune, but the reason why each age cohort is struggling does vary.

• Young adults (18 to 25) are getting hit hard early, with delinquencies up 17.02% on relatively small debts (average: $8,267), primarily due to the difficult combination of low income and limited employment experience
• Pre-retirees (56 to 65) are in a crunch with debt climbing 6.28%, and delinquencies following suit, rising 16.88%. Retirement planning is tough when you’re still paying off large debts
• Even retirees (65+), who carry the least debt overall ($14,575), saw delinquencies rise 8.12%, a result of rising living and healthcare costs outpacing fixed incomes

What Canadians can do right now

Here are a few action steps that could help turn the tide, or at least slow it down:

1. Start with a budget (and stick to it): Searches for “budget planner” are booming for a reason. Free online tools or budget apps can help you get a handle on where your money’s going and identify areas to cut back.

2. Look into consolidation or consumer proposals: If your debt is scattered or unmanageable, consolidating it into one lower-interest payment using a consolidation loan or negotiating a consumer proposal might bring relief.

3. Avoid payday loans: They’re tempting for quick cash, but the long-term costs can be brutal. Try talking to your bank or local credit union about lower-cost alternatives.

4. Build your financial literacy: If you’re under 30, learning the basics now can save you years of stress later. Free resources, workshops and even YouTube can be powerful tools. Even those over 30 can benefit from learning basic or more complex money management skills.

5. Push for policy support: High-cost cities and vulnerable provinces need localized solutions, from affordable housing strategies to expanded access to debt support programs.

The pressure is real but so are the options

This isn’t just a blip on the radar. The findings of the Money.ca study reveal a nationwide warning sign that Canadians, across all regions and age groups, are struggling to stay financially afloat. But there are tools, resources and policy solutions that can help.

Whether you’re drowning in bills or just feeling the squeeze, now’s the time to act, before a missed payment turns into a bigger crisis.

Read the full report at Money.ca/research/canada-debt-crisis

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

What’s more resilient during tough economic times than a grocery store? So, it’s not surprising when analysts remain bullish on Costco Wholesale Corporation (NASDAQ: COST) stock, despite the company’s mixed quarterly results.

For Costco (NASDAQ:COST) shareholders, the good news was that revenue beat estimates for the long-standing grocery warehouse chain; unfortunately, earnings fell short of market expectations.

Despite the mixed results, private investor and U.S.-based analyst Keith Fitz-Gerald, continues to see opportunity in the Costco brand.

In an interview with CNBC, Fitz-Gerald stated: “I think we’re going to see a good jump in comparable sales, and I think we’re going to see a very resilient membership, particularly now when people’s wallets are stretched and fear is running high.” Costco’s robust business model, characterized by a membership-based revenue stream and a focus on essential goods, positions it as a defensive stock in uncertain times — and a stock Fitz-Gerald, “cannot imagine not owning.”

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Costco’s resilience in economic downturns

One big reason why analysts favour Costco (NASDAQ:COST) stock is because of the brand’s “membership lock-in,” explained analysts at Bernstein, a U.S.-based private wealth management firm in a recent interview. They noted that its membership-based model and emphasis on consumer staples enable it to capture market share when macroeconomic conditions worsen. They state that Costco is among the top companies poised to endure economic challenges due to these factors.

The analysts at global wealth manager UBS echoed these sentiments, highlighting Costco’s ability to navigate uncertain macroeconomic backdrops better than many retailers. They attribute this to Costco’s flexibility in product offerings and the high-margin revenue from membership fees, which provide a buffer against economic headwinds.

Costco’s membership model offers a stable revenue return

One reason for the bullish outlook for Costco stock is the firm’s membership model. Costco’s membership fees are a significant contributor to its profitability. In fiscal year 2024, membership fees accounted for over 65% of the company’s net operating income.

This recurring revenue stream offers stability, especially during economic downturns when consumers seek value.

The company’s high membership renewal rates further underscore customer loyalty. As of the first quarter of fiscal 2025, the renewal rate in the U.S. and Canada stood at 93%, with a worldwide rate of 90.5%.

Costco’s stock performance amid market volatility

Costco’s stock has demonstrated resilience during market downturns. For instance, during the COVID-19 pandemic in 2020, while the S&P 500 experienced a significant decline, Costco’s stock recovered swiftly, reflecting investor confidence in its business model.

As of May 27, 2025, Costco stock was trading around US$1,013, reflecting a year-to-date increase of approximately 10%. (For Canadian investors not interested in U.S.-traded stock, the TSX-traded Costco stock (COST.TO) was trading around C$46.30.

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Strategic flexibility and operational efficiency

Costco’s operational model allows it to adapt quickly to changing economic conditions. The company’s Chief Executive Officer (CEO) Ron Vachris, emphasizes the company’s ability to manage challenges, stating that their "treasure hunt" strategy and strong supplier relationships help maintain low prices despite potential tariffs and supply chain disruptions.

Bottom line

Costco’s consistent performance, strong membership model, and strategic flexibility make it a compelling option for investors seeking stability during economic uncertainties.

Sources

1. Investopedia: These 3 Retailers Could Be Best Positioned To Weather ‘Macro Storm,’ Bernstein Says (March 25, 2025)

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

The skies between Canada and the United States are a little quieter this spring. Flights once filled with vacationers bound for New York, snowbirds heading to Florida and entrepreneurs chasing deals in California are being cut back — over 20 routes in total. But behind the cancelled boarding passes and disappearing routes lies a deeper story: A political and cultural chill that’s changing how Canadians feel about their closest neighbour.

Tensions between Ottawa and Washington have escalated in recent months, driven by a mix of new trade friction, divergent policies on climate and defence and a wave of nationalist rhetoric south of the border. The so-called “elbow’s up” movement — a growing push among Canadians to spend and travel more locally in protest of perceived hostility or indifference from the U.S., is gaining traction. That sentiment is now showing up in airport departure boards.

According to Air Canada, bookings for U.S. routes are down roughly 10% year-over-year, a figure echoed by industry analysts across the sector. Meanwhile, capacity on Canada-U.S. routes has dropped by nearly 15% since January 2025, according to aviation data firm Cirium. Travel experts point to a combination of traveller fatigue, currency woes and political discontent.

A political chill takes flight

For decades, travel between Canada and the U.S. has been as natural as maple syrup on pancakes — routine, friendly and frequent. But in 2025, that relationship feels different.

Trade tensions have escalated. Washington’s new tariff rules, border security crackdowns and rhetoric surrounding “America First” policies and Canada becoming the 51st State, have strained the once-easy back-and-forth. Canadian consumers have taken notice, and many are quietly making different choices.

Some economists and social commentators are calling it the rise of the “elbows up” mindset, which began in earnest in recent month and is starting to show up in the data.

Air Canada reported a 10% drop in bookings to U.S. destinations this spring, attributing the decline in part to “traveller hesitancy” and weaker cross-border demand.

Industry analyst Cirium reported an even sharper drop: capacity on Canada-U.S. routes has declined nearly 15% since January 2025.

And while some of that downturn is seasonal, airline executives say this year is different. The decline in demand appears to be structural — not just cyclical.

Which flights are disappearing?

The list of suspended routes spans both major hubs and leisure-friendly destinations:

• Air Canada: Montreal-Detroit, Montreal-Minneapolis and Toronto-Indianapolis are all being cut, with more reductions expected this winter
• WestJet: Pulling out of Vancouver-Austin and reducing frequency on Calgary-New York JFK
• Flair Airlines: Axing seasonal and year-round flights to Phoenix, Nashville and Las Vegas
• Porter Airlines: Ending its newly launched Toronto-San Diego route in late June

The message from carriers is clear: They’re not going to keep flying half-empty planes into uncertain territory.

The financial fallout for travellers

For Canadian travellers, this shrinking sky has both practical and financial consequences.

With fewer flights available, airfares on remaining cross-border routes are climbing. Reduced competition and limited capacity are driving prices higher, particularly during peak travel periods.

At the same time, the weak Canadian dollar is making U.S. travel more expensive overall, from car rentals and hotel stays to travel insurance and airport fees.

Together, these rising costs and reduced options are forcing some would-be travellers to the U.S. to reconsider their plans — either by paying more, scaling back or choosing alternative destinations.

Where Canadians are turning instead

As southbound demand wanes, Canadians are increasingly looking at alternatives. Mexico, Europe and Caribbean destinations are seeing a modest uptick, but domestic travel is having a moment, too.

Tourism operators in B.C., the Maritimes and parts of Quebec are reporting stronger-than-expected bookings for summer 2025. That’s good news for local economies, and potentially a win for the Canadian dollar as more vacation spending stays within the country.

It’s also part of a broader pattern of values-driven decision-making. According to a March 2025 survey by Destination Canada, 42% of respondents said they were more likely to choose a Canadian vacation this year due to “political concerns and cross-border tensions.”

Smart travel tips in a shrinking flight market

With dozens of Canada-U.S. flight routes cut and fares climbing, travellers who do want to travel to our southern neighbour are facing fewer choices and higher costs. But that doesn’t mean your travel plans need to be grounded. Whether you’re booking a cross-border trip or rethinking your vacation strategy altogether, these tips can help you stay ahead of the curve, and keep your travel budget on track.

1. Book early, especially on key routes: With reduced options and rising demand, prices can spike fast. Secure your seat two to three months in advance for U.S. travel or risk paying a premium.

2. Be flexible with airports and dates: Consider flying out of alternative cities or shifting your trip by a day or two. Midweek departures are typically cheaper and less crowded.

3. Track the exchange rate: A weak Canadian dollar makes U.S. travel more expensive. Use tools such as XE.com or Revolut to monitor the rate and consider pre-loading USD if it improves.

4. Maximize rewards programs; Airline points and travel credit cards can help offset increased fares. Now’s a good time to review your loyalty accounts and use any accumulated points.

5. Reconsider domestic travel: With prices rising on U.S. routes, you might get more bang for your buck vacationing in Canada. Look at emerging hot spots like Prince Edward County, Tofino or the Gaspé Peninsula.

Final boarding call

What began as a few route cuts has grown into a clearer picture: Canada’s travel relationship with the U.S. is changing. It’s being shaped not just by economics, but by politics, identity and a shifting sense of what it means to cross the border.

While that may be inconvenient in the short term, it also presents an opportunity to rethink how we travel, where we spend and why it matters. Whether you’re a frequent flyer or a once-a-year snowbird, the message is clear: This year, your travel decisions carry more weight than ever.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

A Winnipeg man’s $5 million lottery win has turned into a legal saga after his former partner claimed the winnings and allegedly cut off all contact.

The case, now before Manitoba’s Court of King’s Bench, offers a stark lesson about the financial risks of informal arrangements in personal relationships.

Lawrence Campbell alleges he purchased the Lotto 6/49 ticket on January 19, 2024, and gave it to his then-girlfriend, Krystal McKay, to hold because he had lost his wallet. When they realized the ticket was a winner, Campbell says McKay deposited the entire prize into her own bank account and later ghosted him, according to a statement of claim filed May 14.

McKay claimed the jackpot and was named the sole winner in a January 30 press release issued by the Western Canada Lottery Corporation (WCLC) and Manitoba Liquor & Lotteries. The release stated she had received the ticket as a birthday gift.

Campbell denies this and is now suing McKay, WCLC and the provincial lottery authority, alleging breach of trust and negligent advice that allowed McKay to keep the funds.

None of the allegations have been tested in court. The defendants have not yet filed a statement of defence.

Lack of paper trail leaves $5M lottery claim in legal limbo

The legal dispute revolves around Campbell’s claim that McKay agreed to hold the winnings in trust until he obtained government-issued ID and opened a bank account. The lack of any written agreement has complicated his efforts to recover the money.

Campbell’s lawsuit also claims McKay used their relationship breakdown as a way to sever communication and retain sole control over the funds.

A court motion filed last week seeks to freeze McKay’s assets, including property, investments and vehicles, while the case proceeds.

Legal experts: cohabiting couples face risks without documentation

Financial and legal experts frequently warn that cohabiting couples in Canada don’t enjoy the same automatic property rights as married spouses. Provincial laws differ, but in most provinces, unmarried partners must prove direct financial contributions to claim shared ownership of assets after a breakup.

In Ontario, for example, the Family Law Act does not grant equal property division to common-law spouses. Similar limitations apply in Manitoba, although couples who live together for more than three years (or have a child and live together for one year) may fall under provincial common-law rules.

According to CLEO (Community Legal Education Ontario), individuals in common-law relationships should document financial contributions and create written agreements to clarify how property will be divided if the relationship ends. These agreements, often called cohabitation agreements, can help prevent disputes like Campbell’s.

Lottery corporations stress ticket ownership rules

According to WCLC guidelines, lottery prizes are awarded to the individual whose name is on the ticket. If a group plays together, all members should sign a group play form to establish joint ownership.

In this case, McKay was the only person named when the ticket was submitted, and she provided the necessary identification. Campbell alleges he was misled by WCLC staff into allowing McKay to claim the prize on his behalf, a claim that forms part of his lawsuit.

How to protect your finances in love and law

The legal and emotional fallout from this story offers several takeaways for Canadians:

• Don’t rely on verbal agreements. For any significant financial matter — whether it’s lottery winnings, home ownership or large joint purchases — get it in writing.
• Know the law in your province. Common-law property rights vary widely. In many cases, shared assets are not automatically divided without clear proof of contribution.
• Take steps to protect windfalls. Whether it’s lottery winnings or inheritance, speak with a lawyer or financial advisor to establish who owns what and how it should be handled.

A cautionary tale about trust, relationships and money

Campbell’s story may be unique in its drama, but the financial implications are all too common. As Canadians increasingly live together without marrying, this case is a reminder that trust alone may not be enough, especially when millions are at stake.

Sources

1. CLEO: Community Legal Education Ontario

2. WCLC.com: FAQ Group Play

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Until recently, trading stocks in Canada with a Canadian brokerage meant sticking to a pretty narrow window: 9:30 a.m. to 4:00 p.m. ET, Monday through Friday. Miss that window, and you were out of luck until the next day.

Wealthsimple is changing that. The platform has expanded its trading hours from 4:00 a.m. to 8:00 p.m. ET, and more notably, it’s rolled out 24/5 trading for a handful of U.S.-listed stocks and ETFs. That means trades can now happen any time from Sunday evening to Friday night. No market open bell required.

This makes Wealthsimple the first Canadian platform to offer near-round-the-clock access to U.S. markets during the week, and they’re doing it without adding extra fees. It’s a shift that reflects how investing is evolving: faster, more flexible and no longer tied to traditional market hours.

What does this mean for Canadian traders?

Traditional market hours don’t work for everyone. A lot of Canadians are busy during the day—at work, with family, or handling other responsibilities—which makes it hard to manage investments in real time. Wealthsimple’s move to offer 24/5 trading on select U.S. stocks and ETFs gives investors more flexibility to trade when it actually fits their schedule, whether that’s early in the morning or late at night.

There’s also a practical side to this. Markets don’t exist in a vacuum. News breaks around the clock, and global events can move prices long before the North American markets open. Until now, retail investors had to wait for the bell to ring before reacting. Now, they don’t.

With forex and crypto already trading nearly nonstop, extended stock market access is a logical next step. It’s not about chasing every headline, but having the option to act when timing matters.

Buyer beware

While 24-hour trading offers more market access, investors should be mindful of potential challenges.

Trading outside regular market hours often means dealing with reduced liquidity, which can result in larger bid-ask spreads and heightened price volatility. When these conditions coincide with major news announcements, they may trigger temporary, unsustainable price movements in securities. However, as extended trading hours become more commonplace in global markets, these challenges are expected to gradually diminish in significance.

Access to U.S. markets no longer ends at the closing bell

Wealthsimple’s rollout of 24/5 trading marks a notable shift in how Canadian investors can engage with U.S. markets. For those who want the option to trade outside traditional hours, whether to react to breaking news or simply to fit investing into a busy schedule, it adds a layer of flexibility that wasn’t widely available before.

While not every investor will take advantage of extended hours, the move reflects a broader trend toward platforms offering more control and accessibility. It’s a sign that retail investing in Canada is continuing to evolve, and that the tools investors use are evolving with it.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

When Hurricane Helene tore through Ruskin, Florida, in 2024, Robert Paul and his wife lost nearly everything. Their home was destroyed, and like many Americans, they turned to their insurance provider for relief — and were relieved when their $30,000 claim was quickly approved.

But that relief quickly turned to frustration. The settlement check from the National Flood Insurance Program bounced — twice.

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The first time, officials blamed a bank switch. The second time, the bank refused to resubmit the check altogether. “It again came back as no good,” Paul told WFLA, “so now the bank has told us they will not resubmit [the check].”

It’s the kind of scenario no one wants to deal with in the wake of a disaster. So what happened next? And did the Pauls ever get the money they needed to make repairs? Here’s what happened, and what you can do if you find yourself in a similar situation.

Did the family get their money?

Yes — but only after a new check was issued.

At the end of April, representatives told Paul to expect a new check in the mail, which he could then cash.

Until the check cleared, Paul and his wife had to wait to begin repairs on their home.

In Florida, it’s common for homes in certain areas to flood after hurricanes, which makes flood insurance essential.

What is the National Flood Insurance Program?

The National Flood Insurance Program, or NFIP, is managed by the Federal Emergency Management Agency (FEMA). It partners with about 50 insurers to offer policies to homeowners and renters who want protection from floods.

Since most standard homeowners insurance policies don’t cover flood damage, many homeowners, renters and even businesses purchase coverage through the NFIP, provided they live in a qualifying area.

Policies typically cover up to $100,000 for your belongings and $250,000 for damage to your property. If your property is in a high-risk flood area, you’re required to purchase flood insurance.

While no one wants to deal with flood damage, you’ll need to work with your insurance company to file a claim. It’s important to document the damage and file a claim as soon as possible.

Once an insurance adjuster assesses the claim, you can start repairs — or wait for the check to arrive. But as Paul and his wife discovered, that process doesn’t always go smoothly.

Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

What to do if you run into a similar issue

First, try to stay calm. After a major storm, it’s natural to want to start repairs right away.

In the meantime, review your insurance plan to see if you’re eligible for additional claims or if more documentation might help your case. Insurance adjusters will let you know if more visits are required, which could delay your claim.

If your check bounces, contact your insurance company immediately and follow their instructions.

Use your damage estimate to start getting quotes from contractors.

If you can afford it — and if your insurer approves — you might choose to pay out of pocket while you wait for the check. If not, you may have to wait, assuming you can still live in your home. This experience may also be a chance to plan better for the future.

While you can’t avoid floods or property damage, you can better protect yourself financially. Consider setting aside savings in a separate emergency or disaster fund. That way, when the unexpected happens, you’ll have some cash to help you handle the situation.

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.